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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Tennessee Businesses For Sale Categories   >>   

Full Service Limousine Service For Sale

Location  Tennessee,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $750000
Net Profit / Cash Flow  $200000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1997
Number of Employees  4 - 5
Inventory  5000
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Leased
Training  4 weeks training at no cost to new owner
Reason for Sale  Other business interests
Description  The business is a full service, direct to client, Limousine service in the Memphis area with 2011 sales at the $700,000 level, generating $200,000 for the owner. The business opened in 1997 and has been owned by seller for 15 years. Housed in a company owned 6,300 square foot building, the company has 16 limousines of varies types including stretch limos, Hummers, SUVs, buses, etc. The company caters mostly to Weddings, Proms, Special events like Elvis week, and some corporate clients. An ambitious new owner could target additional corporate accounts to increase revenues. The company sales effort, over the last 15 years, has focused on sales growth through multiple customers, and therefore is not dependent on a few large volume accounts.
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